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Other financials

Income statement

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Revenue$151.2M+51.0%
Operating income$21.5M+115%
Net income$7.8M+262%
EPS (diluted)$0.06+250%

Balance sheet

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Cash & equivalents$73.8M-35.1%
Total debt$861.4M+109%
Total equity$405.7M+16.3%
Total assets$1.4B+62.0%

Cash flow

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Operating cash flow$209.0K+102%
CapEx$7.4M+46.3%
Free cash flow-$7.2M+61.5%

Valuation

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Market cap$7.3B+13.6%
Enterprise value$8.09B+18.0%
P/E243.8×-562×
P/S14×-2.4×

Profitability

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Gross margin41%+1.7pp
Operating margin16.2%-0.4pp
Net margin5.7%+4.1pp
FCF margin-6.7%-15.1pp

Returns & leverage

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Return on equity7.9%+5.8pp
Debt / equity2.1×+0.9×
Current ratio3.5×+0.2×

Where this comes from

Calculated from Karman Holdings Inc.’s reported figures.

The source filing: Karman Holdings Inc.’s 10-Q, filed May 14, 2026.

Filed
May 13, 2026, 8:00 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-222116
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Revenue$151,210$100,124
Cost of goods sold87,34560,673
Gross profit63,86539,451
Operating expenses
General and administrative expenses28,63723,288
Depreciation and amortization expense13,7766,200
Operating expenses42,41329,488
Net operating income21,4529,963

Item 1. Financial Statements

FAQ

What is Karman Holdings Inc.'s gross profit?
Karman Holdings Inc. (KRMN) reported gross profit of $63.87M in Q1 2026.
How has Karman Holdings Inc.'s gross profit changed year-over-year?
Karman Holdings Inc.'s gross profit increased by 61.9% year-over-year, from $39.45M to $63.87M.
What is the long-term trend for Karman Holdings Inc.'s gross profit?
Over 3 years (2022 to 2025), Karman Holdings Inc.'s gross profit has grown at a 32.9% compound annual growth rate (CAGR), from $80.95M to $190.03M.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

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